4196 Kivey DriveLake WorthFL33461
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Lake Worth at 4196 Kivey Drive, Lake Worth, FL, 33461 offers $5,586/mo rent that, after a $2,594/mo payment, leaves $2,069/mo cash flow. Total monthly income is $5,586/mo, and annual cash flow is $24,829/yr on $174,337 cash. Return on cash invested measures 34.3% in year one, and rental yield stands at 12.65% at a $529,900 entry. Equity gained on principal adds $3,419/yr while 5% annual appreciation compounds into $146,402 by year five. Five-year ROI records 180.61% and total cumulative return in cash reaches $314,867. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,586/mo property income versus a $2,594/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
9,221 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33461, Lake Worth, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,231 (100%) |
| Owner Occupied HU | 8,710 (45.3%) |
| Renter Occupied HU | 8,553 (44.5%) |
| Vacant Housing Units | 1,968 (10.2%) |
| Median Home Value | $315,307 |
| Average Home Value | $388,851 |
Housing Distribution
Address Breakdown
Residential
17,166
Single Family
11,584
Multi-Family
5,582
Businesses
1,299
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Listed by: Thomas Shea • Keller Williams Realty - Welli
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11039410
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.